Nordea's FX loan portfolio worth PLN 15.2 billion will be refinanced over seven years, PKO BP said in the statement, citing an agreement signed on April 1, being one of the conditions of the deal.

PKO BP said it wanted to buy 99.21% in Nordea Bank Polska for PLN 2.642 billion, 100% in life insurer Nordea TUnZ for PLN 180 million and 100% in leasing and factoring firm Nordea Finance Polska for PLN 8 million back in June 2013. The acquisition of Nordea Bank Polska was carried out via a tender offer that was concluded on Tuesday.